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Chola partners with JCB for exclusive finance scheme to JCB customers

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Chola partners with JCB for exclusive finance scheme to JCB customers

The financial services division of the Murugappa Group, Cholamandalam Investment and Finance Company Limited (Chola), has announced an exclusive finance scheme with JCB India Limited wherein JCB customers can profit from simple and enticing loan offerings as part of the nationwide “Azadi Ka Amrit Mahotsav” (75 years of Independence) celebrations.

Since 2017, Chola has been the preferred financier for the entire line of JCB construction machinery and equipment. Chola has tailored its offerings and products to meet the needs of JCB’s clients.

“We are pleased to be further strengthening our already existing partnership with JCB on the occasion of 75 glorious years of India’s independence, which is a proud moment for each citizen of our country,” said Ravindra Kumar Kundu, Executive Director of Cholamandalam Investment and Finance Company Limited. India is currently undergoing rapid development, with the infrastructure sector serving as a major economic engine. This industry is crucial to driving India’s overall development and is given top priority by the government in terms of policies that will guarantee the country’s world-class infrastructure development, whether it be in the form of power, bridges, dams, roads, or urban infrastructure development.

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Our customers will continue to benefit from JCB’s innovative and excellent culture as it is reflected in their products. Our partnership with JCB is also consistent with our ongoing effort to help our customers “Enter a Better Life.”

“We are thrilled that JCB products have made a significant impact on the nation’s infrastructure development. We have always valued the trust that our customers have placed in us, and we will keep striving to provide them with the best ownership experience in the industry. Our relationship with Chola, our preferred partner, dates back to 2017.

Together with Chola’s 1148 branches and JCB’s over 700 dealer outlets, we will develop this exclusive LTV offer for our clients to ensure that they receive the best benefits for their equipment financing requirements. According to Deepak Shetty, CEO and MD of JCB India Ltd., “JCB and Chola will continue to explore growth in the country’s construction equipment and machinery business.

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Construction, Infrastructure and Mining   
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